Oxlade-Chamberlain Rejects Chelsea

Oxlade-Chamberlain has thus agreed to move to Liverpool in a £35 million move and the player conducted a medical at St. George's Park as he is now away on global duty with England.

The loss of the midfielder will come as a big blow to Arsenal boss Arsene Wenger, who has been adamant in recent weeks that he wanted to keep the player at the Emirates Stadium.

The summer transfer window which formally opened on 1 July, finally closes at 23:00 BST on Thursday, 31 August.

Oxlade-Chamberlain is believed to have turned down a new contract offer from Arsenal and an approach from champions Chelsea, both of whom were reported to have offered him higher wages than Liverpool.

He was behind Nacho Monreal and new signing Saed Kolasinac in the list of left-backs at Arsenal and hadn't featured in any of the team's first three Premier League matches this season.

Alex Oxlade-Chamberlain could struggle for opportunities at Liverpool should he continue to harbour a desire to play in central midfield, according to ex-Reds defender Jamie Carragher. This is Jurgen Klopp's fifth summer signing.

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The 24-year-old swapped Arsenal for Liverpool in a £40 million move today.

Oxlade-Chamberlain did play in Arsenal's last game, the embarrassing defeat against Liverpool, and has actually started all four of the Gunners games so far this season.

The 24-year-old rejected a move to Chelsea on Tuesday after a fee had been agreed.

Oxlade-Chamberlain's contract was set to expire in 2018, and he was prepared to leave the club for free. He is a good player for the squad at this moment, but central midfield, I am still scratching my head on that one.

Liverpool have also been pursuing Monaco's £75m-rated winger Thomas Lemar and Southampton centre-back Virgil van Dijk, while the Reds' Brazil forward Philippe Coutinho remains Barcelona's number one transfer target.